USDJPY Updated Breakout
The market hasn't opened yet, and I decided to change my previous idea. This trade has a bit lower Risk:Reward Ratio, but I think it will be a better trade as the previous trendline had a fake breakout once, and might have it again.
I won't be trading the breakout of the downside, only the upside. Once the trendline and the resistance line is broken buy, with a Take Profit near a resistance level. Stop loss goes below the trendline.
Happy Trading
I won't be trading the breakout of the downside, only the upside. Once the trendline and the resistance line is broken buy, with a Take Profit near a resistance level. Stop loss goes below the trendline.
Happy Trading
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